More than 30,000 Americans are killed in highway crashes each year, but experts believe that death toll could sink to zero.» Read More
MILAN, Sept 2- Leonardo Del Vecchio, the 79- year-old founder of Italian eyewear maker Luxottica, decided to replace long-term CEO Andrea Guerra after Guerra rejected his plans to take a more active role in the firm to prepare for a handover to his offspring.
BEIJING— Foreign companies in China feel increasingly targeted for unfair enforcement of anti-monopoly and other laws and might cut investment if conditions fail to improve, a U.S. business group said Tuesday.
LIMA, Peru— The Peruvian hackers have broken into military, police, and other sensitive government networks in Argentina, Colombia, Chile, Venezuela and Peru, defacing websites and extracting sensitive data to strut their programming prowess and make political points.
*Speculation about possible iWatch launch by Apple. *Swatch Group to make Swatch with fitness functions. BIEL, Aug 31- Swatch Group is happy to go it alone with a launch next year of watches with "smart" features to compete with so-called wearable gadgets from the big tech companies, a market potentially worth $93 billion.
Hiring a senior executive from a major competitor is rare for Intel, which is known in Silicon Valley for its insular culture, and it reflects the eagerness of the Santa Clara, California, chipmaker to improve its struggling mobile business.
SAN FRANCISCO, Aug 29- Chipmaker Intel Corp has hired Amir Faintuch, a senior executive at Qualcomm Inc, to co-manage the development of the company's chips, an Intel spokesman said on Friday.
Some of Friday's midday movers:
The $7 billion market for tutoring services is in the midst of a transformation, driven by new technology.
In light of this week's reports that banks were hacked, a cybersecurity expert rates the best and worst industries at protecting your online data.
Kara Swisher, Re/code co-executive editor, and the "Squawk Alley" crew discuss drone delivery and who will enter the space. Swisher says in 10 years, drones will be normal.
Yahoo’s survival depends on it making more investments in a few key areas, industry experts said.
Under "Project Wing," Google is developing drones capable of delivering goods. The "Squawk on the Street" team discusses the rivalry developing between Amazon and Google.
Wall Street looked set to open higher on the last day of the week, albeit in low volume trade ahead of Monday's Labor Day holiday.
Google is ready to unveil a fleet of drones designed to deliver small packages, reports CNBC's Jon Fortt.
Apple is working with NXP to add secure short-range wireless technology into the next iPhone, enabling new pay-by-touch capabilities.
Some of the names on the move ahead of the open.
NEW YORK, Aug 29- U.S. stock index futures were modestly higher on Friday, suggesting the market's recent upswing was intact and pointing to a fourth straight week of gains for major indexes.
Google exec Megan Smith is a top candidate for the role of the U.S.'s chief technology officer, Bloomberg reported.
SAN FRANCISCO, Aug 28- Google Inc is developing airborne drones capable of flying on their own and delivering anything from candy to medicine, the Internet company said on Thursday.
SAN FRANCISCO— Google's secretive research laboratory is trying to build a fleet of drones designed to bypass earthbound traffic so packages can be delivered to people more quickly.